Elder Financial Abuse and Undue Influence

According to the FBI, Over 92,000 victims over the age of 60 reported $1.7 billion in losses in 2021. In addition, it is predicted that the number of Americans aged 65 and older will nearly double from 52 million in 2018 to 95 million by 2060, and that their share of the total population will rise from 16 percent to 23 percent during that time period. Elder fraud is likely to become more prevalent as the elderly population grows,…

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Retirement Planning and Long-Term Care

Retirement planning requires a lot of educated guessing in terms of how long you’ll live and at what age you’ll stop working. In general, people can expect to live at least 20 years post-retirement at age 65. Lifestyle, family history, and overall health are factors to consider. What hasn’t been factored in until recently, is the cost of any long-term care that might be needed. This is a much harder item to pin down. However, one recent study suggests…

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Retirement Planning and Long-Term Care

Retirement planning requires a lot of educated guessing in terms of how long you’ll live and at what age you’ll stop working. In general, people can expect to live at least 20 years post-retirement at age 65. Lifestyle, family history, and overall health are factors to consider. What hasn’t been factored in until recently, is the cost of any long-term care that might be needed. This is a much harder item to pin down. However, one recent study suggests…

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Your Guide to Long Term Care Planning

October is long term care planning month, making it the perfect time to start thinking about your strategy for care in your golden years. There are four categories to consider when making long-term care plans: housing, health, legal, and financial. With each of them, it’s important to look at both the big picture and the smaller details.  Housing What’s your present living situation? Is it mobility accessible, or can it be retrofitted? Will you be able to keep up…

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